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and while john boehner hinted at some taxes going up, he also listed some conditions. >> and it is not like there is money in social security or medicare, this has to be dealt with, so everything, everything on the revenue side and on the spending side has to be looked at. >> reporter: now brian, the white house says that social security shouldn't be a part of these negotiations. but i can tell you, republicans won't participate if social security is not. >> all right, chuck todd in the white house, thank you. >>> there is a video of president obama getting wide circulation. it shows him tearfully addressing campaign staff at headquarters in chicago, at the end of a long and grueling campaign. he tells the young staffers they are better than he was at their age. he tells them their experience will send them on their way for life. >> what you guys have done, the work that i'm doing, i am really proud of that. i am really proud of all of you. and -- and what you have just done? well, not allowing much time for sentiment or reflection, the president woke up to this, this morning. the bloo
and while john boehner hinted at some taxes going up, he also listed some conditions. >> and it is not like there is money in social security or medicare, this has to be dealt with, so everything, everything on the revenue side and on the spending side has to be looked at. >> reporter: now brian, the white house says that social security shouldn't be a part of these negotiations. but i can tell you, republicans won't participate if social security is not. >> all right, chuck...
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Nov 10, 2012
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. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am because at the end of the year if kopg does nothing, bush taxes expire, the payroll tax cut e ye expires, emergency unemployment benefits end and $984 billion in automatic cuts and defense and d domestic budgets are triggered. they estimate that would cause the economy to take a significant hit, raising unemployment to 9.1% by the endo of next year.t, but the real political sticking point is taxes. the president called on congresi to make tax cuts for people making less than $200,000, and drew a line in the sand. t >> i refuse to accept any ised approach that is not balanced.nh and on tuesday night, we found out the majority of americans agree with my approach. >> reporter: the president was referring to the tuesday exit poll which indicated nearly 60% of voters would support higher taxes on the wealthy. and while john boehner hinted ar some taxes going up, he also listed some conditions. >> and it is not like there is a money in social security or medicare, this has to be dealt with, so ever
. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am because at the end of the year if kopg does nothing, bush taxes expire, the payroll tax cut e ye expires, emergency unemployment benefits end and $984 billion in automatic cuts and defense and d domestic budgets are triggered. they estimate that would cause the economy to take a significant hit, raising unemployment to 9.1% by the endo of next year.t, but the real political sticking point...
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Nov 10, 2012
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boehner is the powerful player here. as always, thank you. rich edson at the white house, and craig smith in arizona. now, craig, i could be overanalyzing, but i'm beginning to see the inkling of and structuring of is the deal that would potentially save face on republicans on revenues saying it might not be a raise, but closing loopholes and that thing. the president might buy that, might not, but because they left out specifics and boehner left out specifics yesterday, me thinks there is wiggle rooms on revenues. on spending, then, up to the republicans to see the democrats open to reigning in the growth of the entitlements so you don't throw granny off the cliff. how do you score the likelihood of progress next week. >> i wish i could be as optimistic as you, neilment i listenedded to the president's speech, and i was infear rated. he did not offer an olive pit let alone an olive branch. they say in life you can tell where the truth is after the but. that neil cavuto, he's a great guy, but -- and then you go on and say what you feel. okay?
boehner is the powerful player here. as always, thank you. rich edson at the white house, and craig smith in arizona. now, craig, i could be overanalyzing, but i'm beginning to see the inkling of and structuring of is the deal that would potentially save face on republicans on revenues saying it might not be a raise, but closing loopholes and that thing. the president might buy that, might not, but because they left out specifics and boehner left out specifics yesterday, me thinks there is...
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Nov 10, 2012
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>> what i was saying is that just focusing on -- i think what matt and boehner and some others on the right would like to us believe is that just by extending the bush tax cuts and focusing on tax cuts for so-called job creators is enough and we know that after 40 years of trickle down, that that does not work that. does not grow the economy. so what we need is to focus more on the investments that will not only educate people and get people back to work and create opportunities, but also things that actually help people who have jobs get back to work, the investments -- >> arthel: forgive me, but i've got to give matt 20 seconds. go ahead. >> we just had an election. let's put the talking points aside. let's agree whether you're republican or democrat and you're sitting in that oval office, you've got to get this economy growing. it's an anemic economy. you're not going to grow it by raising taxes on any job creators. if you try raise it on high income earners, you're raising taxes on small businesses. that means his presidency is going to go down as a failure. i think he's smarter t
>> what i was saying is that just focusing on -- i think what matt and boehner and some others on the right would like to us believe is that just by extending the bush tax cuts and focusing on tax cuts for so-called job creators is enough and we know that after 40 years of trickle down, that that does not work that. does not grow the economy. so what we need is to focus more on the investments that will not only educate people and get people back to work and create opportunities, but also...
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Nov 10, 2012
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. >> so that was the president, and here's speaker boehner. >> on wednesday, i outlined a responsible path forward to avert the fiscal cliff without raising tax rates. about 24 hours after i spoke, the congressional budget office released a report showing the most harmful consequences of the fiscal cliff come from increasing tax rates. >> what speaker boehner did not mention was the cbo report said raising the top rate would only shave 1% of 10% off economic growth and only temporarily. those were the two open conditions in washington's showdown since the disaster. budget negotiators reconvene next week to try, in the words of one aide, to assess where they are. that's what puts republicans where they are in election 2012. it depends on who you ask or how you ask the question, what happened on tuesday night? gop strategist mary matalin, and david fromm, author of "why romney lost and what the gop can do about it." president obama and speaker boehner have said a lot of right things talking about compromise and cooperation, but on taxes, it seems the gap between the two sides is as big
. >> so that was the president, and here's speaker boehner. >> on wednesday, i outlined a responsible path forward to avert the fiscal cliff without raising tax rates. about 24 hours after i spoke, the congressional budget office released a report showing the most harmful consequences of the fiscal cliff come from increasing tax rates. >> what speaker boehner did not mention was the cbo report said raising the top rate would only shave 1% of 10% off economic growth and only...
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Nov 10, 2012
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what we heard from hoe speaker boehner, he'll talk revenue. unprompted the other say said we'll discuss revenue from an overall of the tax system. that's something he wants to accomplishext year with entitlement reforms. mitch mcconnell was stronger saying he was not sent to washington to raise taxes to pay for more wasteful spending. this election has not changed anytng. neil, the discussions, at least face-to-face begin next week. the president invited congressional leaders to the white house for a meeting, and congressional leaders are working out a date and time. back to you. ne: rich, do you get a sense there's a difference between the house and senate approach to this? i agree with you in hearing mih, sounding like no compromise, but boehner left a potential compromise on ings like tax credits, allowances, various writeoffs they shut down which would be a tax increase, but in the sweeping sense of raising tax rates would not, and that's where he finds the wiggle room with acceptance on the part of the white house that for now being accep
what we heard from hoe speaker boehner, he'll talk revenue. unprompted the other say said we'll discuss revenue from an overall of the tax system. that's something he wants to accomplishext year with entitlement reforms. mitch mcconnell was stronger saying he was not sent to washington to raise taxes to pay for more wasteful spending. this election has not changed anytng. neil, the discussions, at least face-to-face begin next week. the president invited congressional leaders to the white house...
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Nov 10, 2012
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both president obama and house speaker john boehner say they are willing to negotiate. but tax hikes are a sticking point. president obama will meet with congressional leaders on the issue next week. >>> and in florida, it is all over, but the vote count, as the state tries to finalize its tally of the presidential election. unofficial results are due to the secretary of state by noon today. cnn has yet to project a winner, but president obama enjoys a 60,000 vote lead over mitt romney. >>> happy birthday to all the men and women serving in the marines around the world. today marks the 237th anniversary for the u.s. marine corps. they were founded in 1775. now, to celebrate, some will have birthday cake, some will hold special ceremonies, others will raise money for charity. >>> in washington state, prosecutors are throwing out 175 marijuana possession cases, that's because on tuesday voters there passed a ballot initiative that legalizes pot, so prosecutors in two counties, including seattle, drop cases that would no longer be punishable under the new law. the law tech
both president obama and house speaker john boehner say they are willing to negotiate. but tax hikes are a sticking point. president obama will meet with congressional leaders on the issue next week. >>> and in florida, it is all over, but the vote count, as the state tries to finalize its tally of the presidential election. unofficial results are due to the secretary of state by noon today. cnn has yet to project a winner, but president obama enjoys a 60,000 vote lead over mitt...
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Nov 9, 2012
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speaker boehner spoke with abc. let's listen to what he had to say about that interview. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. putti putting increased revenues on the table, but through reforming our tax code. and i would do that if the president were serious about solving our spending problem, and trying to secure our entitlement programs. >> reporter: so there you have it. he said raising tax rates is unacceptable. this is really the new slash old mantra. he says, again, revenues are on the table, but they have to come from the right place, which means tax reform and not raising rates on higher earners, so we're likely to hear more of that today. i spoke with a spokesman who said right now, no scheduled meetings between principles or staff. we're going to hear him continue to make the same points, most likely, ashleigh. >> all right. athena jones, thank you for that. we'll continue to follow and wait for those remarks, too. >>> so now i'm going to move on to this. it'
speaker boehner spoke with abc. let's listen to what he had to say about that interview. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. putti putting increased revenues on the table, but through reforming our tax code. and i would do that if the president were serious about solving our spending problem, and trying to secure our entitlement programs. >> reporter: so there you have it. he said raising tax rates is unacceptable. this is really the...
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Nov 11, 2012
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president obama and house speaker john boehner say that they are willing to compromise. >> a stronger economy means more revenue, which is exactly what president is seeking. >> they should start by making sure that taxes don't go up on the 98% of americans making under $250,000 a year starting january 1st. this is something we all agree on. >> reporter: both remain head strong on their views on tax reform. >> we have to combine spending cuts with revenue and that means asking the wealthiest americans to pay more taxes. >> 2013 should be the year to begin our debt through tax reform and entitlement reform. >> reporter: if no agreement is reached, middle class americans could see a $2000 increase on taxes and the unemployment rate could jump back over 9%, spiraling the economy to another recession taxes related to obama's health care plan will be corrected. according to baron, over 1000 government programs will experience, quote, deep automatic cuts. with the fiscal deadline rapidly approaching, many economists ask, can the feat be accomplished in the time frames? >> what both parties n
president obama and house speaker john boehner say that they are willing to compromise. >> a stronger economy means more revenue, which is exactly what president is seeking. >> they should start by making sure that taxes don't go up on the 98% of americans making under $250,000 a year starting january 1st. this is something we all agree on. >> reporter: both remain head strong on their views on tax reform. >> we have to combine spending cuts with revenue and that means...
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Nov 10, 2012
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boehner needs to get his party in line. they do have a divided party in the republican party with the tea partiers, and then, harry reid and president obama they need to come together. >> kelly: selena, angela lays it on the line particularly about the republicans dividing themselv themselves because of the tea party. can the prison hope to bri-- the president hope to bring them table. >> it's not the president's responsibility to bring the republicans out there. >> kelly: he almost has to an olive branch? >> he's passed a bill maintaining the tax cuts on those who make under $250,000 and it's on speaker john boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if w
boehner needs to get his party in line. they do have a divided party in the republican party with the tea partiers, and then, harry reid and president obama they need to come together. >> kelly: selena, angela lays it on the line particularly about the republicans dividing themselv themselves because of the tea party. can the prison hope to bri-- the president hope to bring them table. >> it's not the president's responsibility to bring the republicans out there. >> kelly: he...
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that's why speaker boehner made that statement. i think that the president is going to be able to peal off a number of republicans to try to create a package that will avert the fiscal package. >> how much of a leadership task is this going to be for him or fall squarely on the president? >> it takes three parties to make a law, house, senate, and white house. it could be plus republicans in the senate who are much more open to compromise than in the house. john boehner has the majority but it can't be a majority to make anything happen. >> how different is it than a few years ago? >> it has a few less tea party members and some of the vocal ones but the point is, he needs to be able to -- what kind of speaker would he look like if all he did was produce 40 republicans to make the majority on to a democratic bill? and that doesn't make him look like a leader if it's the democrats that peal off some of his peal in terms of a deal. >> bill, if you're a betting man and how would you bet that this thing plays out. >> the fiscal cliff,
that's why speaker boehner made that statement. i think that the president is going to be able to peal off a number of republicans to try to create a package that will avert the fiscal package. >> how much of a leadership task is this going to be for him or fall squarely on the president? >> it takes three parties to make a law, house, senate, and white house. it could be plus republicans in the senate who are much more open to compromise than in the house. john boehner has the...
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Nov 12, 2012
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john boehner has already talked about working with the president on this. let me say this, the vitriol of the last two years or maybe the last four years on both sides to have fence, democrats and republicans, need, that needs to stop. we need to move forward together as a united america and put the vitriol away, put the campaign mode away. i think all americans want that. i know some republicans want that and some democrats want that. let's find that common ground and move forward. shannon: this event that the president had last friday at the white house to a lot of people looked a lot like a campaign event. they was surrounded by people who were described as middle class americans who had voted for him and stakeholders who want to see his particular plans forwarded. there were no questions from the press. it looked a lot like a campaign event. brad, this is part of what the president had so say. he said on tuesday voters said loud and clear on tuesday they won't tolerate politicians who use compromise as a dirty word. cooperation, consensus. is the presid
john boehner has already talked about working with the president on this. let me say this, the vitriol of the last two years or maybe the last four years on both sides to have fence, democrats and republicans, need, that needs to stop. we need to move forward together as a united america and put the vitriol away, put the campaign mode away. i think all americans want that. i know some republicans want that and some democrats want that. let's find that common ground and move forward. shannon:...
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having said that, i think john boehner, speaker boehner has shown his willingness to work out an agreement here. that can be done by affecting deductions, loopholes that would include those in the upper brackets so that the president could get the revenue that he says he's looking for, but it would be done in a way that tax rates are not increased. therefore, we believe that would not slow economic growth. i think there's enough on the table if both sides want an agreement, i think john boehner has put enough on the table that an agreement can be reached, and as far as republicans getting clocked in the last election, the fact is we still have a very large majority in the house of representatives, so it could be said that while president obama won and he did win, the fact is in the congress the american people have returned a republican house of representatives so we also have, if you want to call it a mandate. i don't like to get into that terminology. but having said that, i don't think there's any mandate, it's to try to reach common ground, and i think speaker boehner has put enough on
having said that, i think john boehner, speaker boehner has shown his willingness to work out an agreement here. that can be done by affecting deductions, loopholes that would include those in the upper brackets so that the president could get the revenue that he says he's looking for, but it would be done in a way that tax rates are not increased. therefore, we believe that would not slow economic growth. i think there's enough on the table if both sides want an agreement, i think john boehner...
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boehner says he is willing to compromise. by closing tax loopholes, eliminate tax deductions and exemptions which would result in wealthier americans pay more taxes and increasing government revenue. is that really the potential compromise here without actually raising the tax rates. you do get the wealthier americans paying more taxes that way. >> you could engineer it that way in such a way that it would be significant win for president obama on the substance. i think this should really be a slam-dunk for obama. the danger we face in terms of no deal happening you are hearing voices on the left say to obama. no, hold out for a better deal. we're on top here. that could end up playing any kind of negotiations because you may have democrats decide we're going to hold out for more and overplaying their hand. >> gregg: biggest driver is entitlements. what are the chances that those programs could actually be reformed with some fairly simple alations. raising the retirement age. young people in their 20s. medicare choice and com
boehner says he is willing to compromise. by closing tax loopholes, eliminate tax deductions and exemptions which would result in wealthier americans pay more taxes and increasing government revenue. is that really the potential compromise here without actually raising the tax rates. you do get the wealthier americans paying more taxes that way. >> you could engineer it that way in such a way that it would be significant win for president obama on the substance. i think this should really...
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surer is right, john boehner would have cut a deal. but he couldn't, because at the end of the day, had he done so, his own house republicans would have risen up in mutiny. and he would have lost the speakership. whether mitch mcconnell and more adult members of the members the of the senator can put pressure on the house. if they can't change these fundamental dynamics we're headed in the same direction. >> i think mitch mcconnell is the problem because he's headed for re-election. but i think one of the interesting things that boehner said, is this your moment now, mr. president, now leave. that's both the reality and a little bit of trying to pass the buck. but it's the truth. it is going to be up to the president to go into the negotiations and to lead, and continue to listen and find areas where compromise can be built. it is on his shoulders. >> he has to lead publicly as well. >> yes. >> to sell it? >> he has to sell it. you know, there are a couple -- there aren't a lot of republicans i think that play in regards to public pres
surer is right, john boehner would have cut a deal. but he couldn't, because at the end of the day, had he done so, his own house republicans would have risen up in mutiny. and he would have lost the speakership. whether mitch mcconnell and more adult members of the members the of the senator can put pressure on the house. if they can't change these fundamental dynamics we're headed in the same direction. >> i think mitch mcconnell is the problem because he's headed for re-election. but i...
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house speaker john boehner just addressing it. we are half an hour away from hearing from president obama, and we will take those comments live. dennis: and bond, james bond, back amid skyhigh predictions before "skyfall"'s debut. cheryl: looking better than ever. going to break. take a look at some of the s&p winners. we will be right back. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. dennis: fiscal cliff face off. house speaker john boehner with president obama said to make a statement about a half an hour. rich edson on that story from the white house. >> good afternoon. the president will underscore the need for congress to prevent a tax hike on the middle class. what that meant for election for democrats in the white house and the tax rate remaining the same for those families earning $250,00
house speaker john boehner just addressing it. we are half an hour away from hearing from president obama, and we will take those comments live. dennis: and bond, james bond, back amid skyhigh predictions before "skyfall"'s debut. cheryl: looking better than ever. going to break. take a look at some of the s&p winners. we will be right back. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and...
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this was a bright spot in boehner's interview. he was asked if republicans will still pursue full repeat. >> i think the election changes that. it's pretty clear the president was reelected. obama care is the law of the land. >> but you won't be extending the time next year trying to repeal obama-care? >> there are certainly maybe parts of it we believe that need to be changed. we may do that. no decisions at this point. >> wait a minute. a short while later, boehner walked back his answer on twitter. obama care is the law of the land, but it's raising costs and hurting small businesses. our goal remains full repeat? it looks like he's scared of the tea partiers in the caucus. president obama was close to persuading him on a grand bargain before boehner buckled. i guess you could say this time around they don't need boehner. they hold not all the carts, but more cards, and the middle eastern people are clearly behind this president, they elected a more progress i have senate. senator patty murray, who led the democratic senatorial
this was a bright spot in boehner's interview. he was asked if republicans will still pursue full repeat. >> i think the election changes that. it's pretty clear the president was reelected. obama care is the law of the land. >> but you won't be extending the time next year trying to repeal obama-care? >> there are certainly maybe parts of it we believe that need to be changed. we may do that. no decisions at this point. >> wait a minute. a short while later, boehner...
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but speak john boehner told house republicans that after last week's election a mandate from the american people is to work together, even if it means additional revenues through tax reform. meanwhile bill crystal editor of "the weekly standard" seemed to cave in on the president's demand that wealthy people pay more. >> it won't kill the country if we raise taxes a little bit on millionaires. it won't. really the republican will fall on the sword to defend millionaires half who voted democratic and half who live in hollywood. >> administration officials are already suggesting to congress that mr. obama is willing to let the deadline pass, let tax rates go up and spending be cut. if he can't get the deal he wants. >> bill plante in washington. thank you. later this morning we'll ask conservative activity jaft grover norquist if republicans are backing away from his no tax increase pledge. >> two weeks ago sandy battered the northeast. hundreds of homes and businesses have no power. most on long island. the governor of new york is calling for an investigation as mark strassman reports from
but speak john boehner told house republicans that after last week's election a mandate from the american people is to work together, even if it means additional revenues through tax reform. meanwhile bill crystal editor of "the weekly standard" seemed to cave in on the president's demand that wealthy people pay more. >> it won't kill the country if we raise taxes a little bit on millionaires. it won't. really the republican will fall on the sword to defend millionaires half who...
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Nov 8, 2012
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boehner and the senator republican leader, mitch mcconnell but was told they were asleep. >> wake them up, for goodness sake. >> he is the president. >> wake him up. >> yesterday, yesterday, senate majority leader harry reid struck a tone of cautious optimism. >> it's better to dance than to fight. it's bettor work together. i want to work together but i want everyone to also understand, you can't push us around. >> hours later there was some reason for hope. the word revenue which speaker boehner used 15 times in a 12-minute press conference and not always in a completely negative context. >> the news via tax reform. we're willing to accept new revenue under the right conditions. republicans have signaled a willingness to accept new revenue. if it comes from growth and reform. >> has boehner opened the door to compromise and extended an actual olive branch. he alluded to the grand bargain that slipped away a year ago. >> closer to the critical mass needed legislatively to get tax reform done. the president and i talked about it extensively during the summer of 2011. it will require we
boehner and the senator republican leader, mitch mcconnell but was told they were asleep. >> wake them up, for goodness sake. >> he is the president. >> wake him up. >> yesterday, yesterday, senate majority leader harry reid struck a tone of cautious optimism. >> it's better to dance than to fight. it's bettor work together. i want to work together but i want everyone to also understand, you can't push us around. >> hours later there was some reason for hope....
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speaker boehner has to start counting votes. he has the majority in numbers but how much he can do or thought do, that will be dependent on a handful of fiscal conservatives on the right. >>neil: would charlie rangel be okay with a plan initially for republicans if this is what they put forward to close the loopholes and transaction breaks for millionaires without formally raising the rates and that is their initial proposal on revenue meaning taxes go up but it is not formally raising rates would you say yes or month? >>guest: there is enough money there to make it renew neutral but we have to raise money from the upper income people. >>neil: and the only way did do it in your eyes is to raise the rates? >>guest: we have to really see what he is talking about because they get a lot of preferential treatment in the tax code. >>neil: you could do it? >>guest: it is possible to do that if you cut out all the prefer usual treatment they are getting. that is not going to be easy. everyone wants tax cuts and get rid of loopholes. >>n
speaker boehner has to start counting votes. he has the majority in numbers but how much he can do or thought do, that will be dependent on a handful of fiscal conservatives on the right. >>neil: would charlie rangel be okay with a plan initially for republicans if this is what they put forward to close the loopholes and transaction breaks for millionaires without formally raising the rates and that is their initial proposal on revenue meaning taxes go up but it is not formally raising...
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what did you hear from john boehner? he said he's willing to budge on revenue, not hike taxes, but is that enough. what are republicans willing to give here. >> the jury is still out. speaker boehner should put his r revenue plan on the table. i mean based on this republican theory that's been proven wrong by history that somehow by giving folks at the top of the income ladder a tax break, you'll create all this economic activity and it will pay for itself and not increase the deficit. we know that failed because what happened after we tried that last time was jobs went down and the deficit went up. so i think the speaker shoumd do what he says that he wants to do. put this out in public. the president has put his plan in public. it was a central part of the debate. saying that folks at the higher end should pay more to reduce our deficit because if we don't ask them to chip in more, it means everybody else gets hit harder. >> you heard what he said. we're not going to raise taxes on small business. and for republicans,
what did you hear from john boehner? he said he's willing to budge on revenue, not hike taxes, but is that enough. what are republicans willing to give here. >> the jury is still out. speaker boehner should put his r revenue plan on the table. i mean based on this republican theory that's been proven wrong by history that somehow by giving folks at the top of the income ladder a tax break, you'll create all this economic activity and it will pay for itself and not increase the deficit. we...
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Nov 9, 2012
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i think that boehner will tend to ignore the tea party members. i think whoever is the democratic leader will probably ignore the kind of move on dot-org members. >> greta: you know what, tell me you what really annoy meas. everybody has known about the fiscal cliff for a year and-a-half. in november last year, we knew it was going to happen. now we have had the election, we paid their salaries while they ran for office on both sides of the aisle. they have six weeks to come up with a deal. it is want much time. on the edge of six weeks coming up, what happens? we need everybody to get in the same room. president needs to call the major leader and the speaker. what does the president do? he plans an overseas trip into burma, instead of staying home and bringing everybody to the oval office and pounding out an agreement? >> what the president has to do is to propose a budget, propose a plan. he didn't do it in the debt limit fight. he let one emerge from the negotiations. i don't think that's a presidential leadership. he needs to submit a program
i think that boehner will tend to ignore the tea party members. i think whoever is the democratic leader will probably ignore the kind of move on dot-org members. >> greta: you know what, tell me you what really annoy meas. everybody has known about the fiscal cliff for a year and-a-half. in november last year, we knew it was going to happen. now we have had the election, we paid their salaries while they ran for office on both sides of the aisle. they have six weeks to come up with a...
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Nov 13, 2012
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speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street journal" reporter says you could be look at 50 percent top rate. or more. here we go. >>reporter: that is true if the live in the state of california or someone like you would works, why know if you live in new york but you work in w york and the tax rates in new york city could go do 50 percent and california as high as 52 percent, we have not seen rates that high since the 1970's. >>neil: leave aside what will happen on health care people forget this is a lot more than just returning to the clinton top rate of 39.6 percent. it is about going well beyond that and the fact that democrats are feeling thei
speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street...
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house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him sort of setting the scene and explaining to the american people what is at stake here, some of the things that christine outlined. we know that yesterday the cbo, congressional budget office put out a report saying that really the stakes here, that you could see the country sink into recession next year if we went off the fiscal cliff, that the unemployment rate could jump almost 2%. these are very serious things. this is post election. president obama's chance to kind of turn people's attention to this. and to urge congress to work together and to act. you heard him on tuesday night in chicago talking about the imp
house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him...